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. the pack 8, which is now the pack 12, was surprisingly enough four schools in california, two in oregon and two in washington. so geography was important, academics were important and competitive levels were important. now the landscape has changed completely. geography has been thrown out completely. academics have been thrown out completely and, to some degree, competitive levels have been thrown out completely because it's all about what schools can make you the most t.v. dollars and a conference and what conferences can make schools the most t.v. dollars. that's the unifying force now. >> brown: so it's dollars and television. particularly in football, right? >> exactly. a all of those thing changes that have happened over a period of ten years now, because it began when the a.c.c. raided the big east for virginia tech, miami and boston college to improve itself as a football conference to get more t.v. dollars for football. it is about football because basketball actually5/h2y at most schools nets more dollars because the cost is less. but the potential in football because of telev
facilities in california. boeing hopes to cut costs by more than $1.5 billion over the next two years. >> susie: boeing shares got caught up in the market downdraft, tom, falling 2%, and it had plenty of company. all 30 of the dow components were in the red today. >> there was a lot of red on the screen this post-election day. in europe, and also earnings, all getting mixed in here. let's get under way with tonight's market focus. >> tom: stocks dropped right from the opening bell today as investor focus shifted beyond election day. the s&p 500 opened down, and fell to its lowest price of the session just before noon eastern time. the pressure was steady throughout the afternoon hours, with the index finishing lower by 2.4%. today's drop in s&p 500 is its sharpest sell-off in four and a half months. it takes the index down to a level last seen in august. trading volume was heavier. 875 million shares on the big board. just over two billion traded on the nasdaq. leading the sell-off, the financial sector falling 3.5%, the energy sector dropped 3.1%, and technology was under pressure ag
business the jolt it needs. >> reporter: the chevrolet spark e.v. will hit showrooms in california and oregon next summer. engineers are still testing the pure plug-in so general motors can't say yet how many miles the sub-compact will get on a single charge. what it can say is new technology will allow for faster charging. the spark won't be cheap. with tax incentives, the car's sticker price will be about $25,000, double the price of the gas-powered version. >> when you look at the functionality that this vehicle has and the range we offer-- which we believe is the top of its segment-- it is going to be extremely competitive from a price perspective. you're always going to pay more for an electric vehicle than you would for a traditional vehicle with a gas engine. >> reporter: general motors has placed a huge bet on electric vehicles, hoping they'll help the company reach the government's 50-mile per gallon corporate average fuel economy requirement in 2025. but so far, interest in e.v.s has been lukewarm. g.m. launched the electric hybrid volt nearly two years ago, but so far th
Search Results 0 to 2 of about 3